BigBreakingWire

🚨 Gold is winning the trade Bitcoin was designed for.

Bitcoin has fallen 46% over the past year to around $63,000, while gold has gained 32% to about $4,376.

The pressure on Bitcoin is coming as global bond yields hit their highest levels since July 2008, before Bitcoin even existed.

The US 30 year Treasury auction on August 13 drew a 5.216% yield, the highest since 2001, with below average investor demand.

As real yields rise, investors are moving toward government debt and gold, putting pressure on Bitcoin’s “fiscal doubt” trade.

$MSTR $BTC

🚨 BREAKING: Alphabet’s SpaceX Stake Soars To $94.2 Billion

Alphabet held 551.2 million SpaceX shares worth about $94.2 billion as of June 30, stemming from a $900 million investment in 2015.

SpaceX’s $86 billion IPO in June made the stake visible in 13F filings. Alphabet is now the largest institutional holder, with Gigafund Management, Baillie Gifford and BlackRock also among major holders.

Harvard Management Company disclosed a $2.2 billion SpaceX stake, making it the largest single-stock holding in its $4.3 billion U.S. equity portfolio. The University of California disclosed about $1 billion, while UNC and Washington University also hold stakes.

SpaceX shares have pulled back from their June 30 peak but remain above the $135 IPO price. Retail investors became net sellers for the first time last Friday.

$SPCX

🚨 Nvidia’s SpaceX investment is now worth about $21 billion.

Nvidia disclosed 122.8 million SpaceX Class A shares worth roughly $21 billion at the end of Q2, alongside a nearly $30 billion stake in Intel.

The SpaceX holding came from Nvidia’s $10 billion investment in xAI in January, before SpaceX acquired xAI in a $1.25 trillion deal in February.

Elon Musk said SpaceX will exclusively use Nvidia chips in its AI data centres and expects a “significant allocation” of next generation Vera Rubin GPUs.

$NVDA $SPCX

🚨 AI chip demand is turning the memory market into a supply race.

SK Group Chairman Chey Tae won said customer demand for chips has doubled this year and called the race to secure AI memory “like a war.”

He said no memory maker can scale fast enough for 2027 demand, which he expects to be the worst shortage year ahead.

SK Hynix is pursuing a $720 billion capacity expansion through 2034 and is evaluating US sites beyond its $3.9 billion Indiana plant.

Memory prices have already risen 40% to 50%, forcing Apple to raise flagship prices. Chey called this “chip inflation” and said there is no short term fix.

JPMorgan and Morgan Stanley are increasing their crypto exposure even as Bitcoin falls.

JPMorgan more than doubled its IBIT stake to $355.7 million and increased its Ethereum ETF holdings by 338%.

Morgan Stanley raised its IBIT position 23% to 16.5 million shares and also added new exposure to a Solana fund.

The buying came despite Bitcoin falling sharply in the first half of 2026, while spot Bitcoin ETFs recorded net outflows this week.

SK Hynix is sharply increasing spending to keep up with the AI boom.

The company spent 18.3288 trillion won on tangible assets in 1H, up 72.7% YoY from 10.6157 trillion won, as it expands capacity for AI focused HBM, server DRAM and enterprise SSDs.

R&D spending also jumped 98.4% YoY to 6.0428 trillion won, with 5.8163 trillion won allocated to ongoing development costs.

AI demand is driving a major increase in both capacity and technology investment.

$SKHY

🚨 MSCI is considering a new rule that could put Strategy, Metaplanet and Yellow Cake at risk of deletion from its Global Investable Market Indexes.

The proposal would exclude “non operating companies” using a two stage screen based on operating assets and five financial ratios, moving beyond MSCI’s earlier crypto specific approach.

A May 2026 simulation flagged Strategy, Metaplanet and Yellow Cake for deletion.

The consultation closes September 30, results are expected by October 16, and changes could take effect in the November 2026 Index Review.

If adopted, passive funds could be forced to sell affected stocks, creating significant market flow pressure. MSCI has not finalized the changes.

🚨 COLDCard FIRMWARE FLAW DRAINS $130M IN BITCOIN

• Vulnerability affected Coldcard Mk3 wallets, draining $130M+ from 7,000+ addresses since July 30

• About 233,000 BTC, worth roughly $15B, moved from long-term holders to multisig setups and regulated custodians

• Casa CEO Nick Neuman called distributed self-custody “Bitcoin's immune system”

• New wallet creation hit a 2026 high as holders shifted funds to safer storage

🚨 MEMORY CHIP SHORTAGE SPARKS “FEAR OF MISSING PROCUREMENT”

• Companies are panic-buying hardware as memory prices rise, dubbed “Fear of Missing Procurement”

• JPMorgan and Micron warn the shortage could last at least 2 more years, with 2027 tighter

• South Korea announced a $3.5B semiconductor fund

• SK Hynix committed $38B for 2 new fabs as firms rush to lock in PC, server and storage prices

$SKHY $NVDA

🚨 INDIA DRAWS $2.12B AS ASIA LOSES $25.48B

• July outflows: $25.48B across 7 Asian markets; Taiwan $22.95B

• Taiwan TAIEX plunged 6.47% on July 17, its biggest-ever point drop

• Taiwan & South Korea led the sell-off amid AI/chip valuation fears

• India drew $2.12B; HSBC upgraded India to neutral; Thailand also benefited from rotation

$KORU $SKHY

🚨 NVIDIA BUILDS 1 TRILLION-PARAMETER AI MODEL

• Nvidia is developing Nemotron 4, with at least 1 trillion parameters

• Model family could arrive by late autumn as Nvidia expands open-source AI

• Nvidia also launched Nemotron 3.5 Lightning and NeMo Switchyard

• Move comes as cheaper Chinese AI models narrow the gap with OpenAI and Anthropic, intensifying competition

$NVDA

🚨 SPACEX, NORTHROP TEST $185B ‘GOLDEN DOME’ SHIELD

• SpaceX and Northrop Grumman completed initial critical tests for the $185B program

• Tests covered sensor-to-interceptor data links and spacecraft propulsion

• Space Force awarded armed-satellite contracts to 12 companies in April, including RTX, Anduril and Lockheed Martin

• U.S. government has invested $3.2B so far, with future contracts potentially reaching hundreds of billions

$SPCX

🚨 SWISS CENTRAL BANK'S US STOCKS HIT RECORD $191.4B

• SNB's U.S. equity holdings rose 10%+ in Q2 to a record $191.4B as of June 30

• Portfolio spans 2,300+ U.S.-listed companies, with equities exceeding 25% of FX reserves

• Top holdings: Nvidia, Apple and Microsoft

• SNB held $716.6M of Palantir and rejected calls to sell about $1.1B of shares

🚨 SK HYNIX RESTARTS CHINA NAND EXPANSION

• SK Hynix plans to restart Phase II of its Dalian NAND plant, halted 4 years ago

• Expansion will increase China's NAND capacity by roughly 50%

• Semiconductor equipment imports are targeted for completion this year, with production starting in H1 2027

• Enterprise SSD demand is surging on AI data-center adoption, while NAND prices have risen nearly 10x in the past year

$SKHY $KORU

🚨 BITMINE'S ETH BET SURGES TO 5.8M

• BitMine added 7,391 ETH over the past week, taking holdings to 5.8M ETH, or 4.8% of total supply

• 87% of reserves are staked, generating estimated annualized income of $257M

• Repurchased 3M shares, taking total buybacks to 19.1M since July 1 under a $4B authorization

• Available cash fell 78% in one month; its 5% ETH target = 229,800 ETH

🚨 BREAKING: Korean Equity Turbulence May Have Peaked After Historic Sell-Off

• South Korea's equity market may have passed the worst of its recent turbulence after a historic sell-off cleared leveraged positions and tighter regulations reduced activity in high-risk products.

• A Korean equity volatility index fell to a two-month low last week after reaching a record high in June, while forced liquidations reduced outstanding margin debt.

• New restrictions on leveraged ETFs have also sharply reduced trading volumes and assets linked to Samsung Electronics and SK Hynix.

• Morgan Stanley estimates that deleveraging is more than half complete, suggesting some of the forced selling pressure may have already run its course.

• The KOSPI remains nearly 40% below its June peak, while global funds have sold more than $100 billion of Korean equities year-to-date, weakening Korea's weighting in emerging-market portfolios.

$SKHY $KORU

SK Hynix Updates:

• SK Hynix will pay a dividend of 375 won per share.

• The company plans to announce its shareholder-return policy in the third quarter.

• SK Hynix is also considering additional measures to enhance shareholder returns.

$SKHY

🚨 BREAKING: JPMorgan Says Asian Tech Sell-Off Is Third AI-Cycle Correction, Not A Turning Point

• JPMorgan said the recent sharp correction in Asian technology stocks marks the third major drawdown of the AI cycle, rather than a fundamental turning point for the sector.

• Asian markets fell sharply on Thursday, with South Korea's Kospi plunging more than 4%, while SK Hynix and Samsung Electronics led losses following weak U.S. storage-sector earnings.

• The bank argued that investors are overreacting to the 25%–30% correction, stressing that AI fundamentals remain intact and that there are no signs of a slowdown in demand.

• JPMorgan expects hyperscalers to maintain aggressive AI spending through 2027, dismissing fears of an imminent pullback in data-center investment.

• The bank identified semiconductor-equipment makers as the best-positioned segment to benefit from the continued expansion of AI infrastructure.

$SKHY $NVDA

🚨 BREAKING: NVIDIA Weighs Rubin Ultra Memory Cuts As Alphabet Bond Sale Draws Massive Demand

• The Information reported that NVIDIA is considering reducing the memory capacity of its next-generation Rubin Ultra GPUs to address a shortage of high-bandwidth memory (HBM) chips.

• Sources said NVIDIA has tested at least three Rubin Ultra variants in recent weeks, with some versions carrying less memory than originally planned because of concerns over insufficient supplies of advanced HBM chips.

• Lower memory capacity could hurt performance, although NVIDIA is exploring design changes to offset the impact. AI companies running large models on lower-memory chips may need to deploy more GPUs to handle the same workloads.

• Separately, Alphabet's recent jumbo bond offering attracted around $115 billion in investor orders, roughly four times the marketed maximum size of $25 billion, highlighting strong investor appetite for AI-related debt.

• Demand for Alphabet's offering exceeded subscriptions for recent AI-linked bond deals from Amazon and SpaceX, with the company offering relatively generous concessions to attract buyers after the recent tech sell-off.

🚨 BREAKING: KOSPI Plunges 4.58% As Foreign Selling Hits Tech Stocks

• South Korea's KOSPI plunged 301.88 points, or 4.58%, to 6,296.38, tracking overnight weakness in U.S. technology stocks and heavy selling by foreign and institutional investors.

• Foreign investors were net sellers of 3.98 trillion won from the market open, while institutions sold a further 235.7 billion won.

• Retail investors bought a net 4.11 trillion won, partially offsetting the outflows but failing to prevent the sharp decline.

• Semiconductor stocks led the selloff, with Samsung Electronics tumbling 6.30% and SK Hynix plunging 10.37%.

• Secondary-battery shares outperformed the broader market, with LG Energy Solution rising 2.83% to 345,000 won and POSCO Holdings gaining 0.63% to 319,000 won.

$SKHY $KORU